Global Gold City Project Announced
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The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
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Gems & Jewellery for Exhibitions Exempted from IGST
Mumbai: The gems and jewellery industry will be breathing a sigh of relief, as the Ministry of Finance announced no IGST will be levied on gem and jewellery carried outside of the country for exhibition purpose. Till now, gem & jewellery which was being carried outside of the country even for exhibition/ consignment purpose was attracting IGST at reimport. This comes
The 18th Paris Gemmological Rendez Vous
Paris: The Association Française de Gemmologie (the French Association of Gemmology, AFG) has announced the line-up of speakers for the 18th Paris Gemmological Rendez Vous, its prestigious annual gems symposium, which will take place on September 9, 2019, at: l’ASIEM, 6 rue Albert de Lapparent, Paris, France. The speaker list in alphabetical order is: Alan Bronstein, President of the Natural
AWDC Discontinues Financial Contribution to WTOCD
Antwerp: The Scientific and Technical Research Center for Diamond (WTOCD) can no longer count on the unrestricted financial support from the Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry. “The current market situation has led us to take this decision,” says Margaux Donckier, AWDC spokeswoman. The WTOCD was established in 1977 as an independent research center in support
Argyle Mine to Shut Down in 2020
Perth: Rio Tinto Group plans to close its Argyle mine in western Australia, and that could bring a rise in the price of pink diamonds. The mine is well-known for producing pink and red diamonds, Bloomberg reports. In fact, 90 percent of the world’s pink diamonds come from the mine, although such stones are only a tiny percentage of
Gems & Jewellery for Exhibitions Exempted from IGST
Mumbai: The gems and jewellery industry will be breathing a sigh of relief, as the Ministry of Finance announced no IGST will be levied on gem and jewellery carried outside of the country for exhibition purpose. Till now, gem & jewellery which was being carried outside of the country even for exhibition/ consignment purpose was attracting IGST at reimport. This comes
The 18th Paris Gemmological Rendez Vous
Paris: The Association Française de Gemmologie (the French Association of Gemmology, AFG) has announced the line-up of speakers for the 18th Paris Gemmological Rendez Vous, its prestigious annual gems symposium, which will take place on September 9, 2019, at: l’ASIEM, 6 rue Albert de Lapparent, Paris, France. The speaker list in alphabetical order is: Alan Bronstein, President of the Natural
AWDC Discontinues Financial Contribution to WTOCD
Antwerp: The Scientific and Technical Research Center for Diamond (WTOCD) can no longer count on the unrestricted financial support from the Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry. “The current market situation has led us to take this decision,” says Margaux Donckier, AWDC spokeswoman. The WTOCD was established in 1977 as an independent research center in support
Argyle Mine to Shut Down in 2020
Perth: Rio Tinto Group plans to close its Argyle mine in western Australia, and that could bring a rise in the price of pink diamonds. The mine is well-known for producing pink and red diamonds, Bloomberg reports. In fact, 90 percent of the world’s pink diamonds come from the mine, although such stones are only a tiny percentage of
